Toronto and Area Real Estate – 50 Years of Helping Toronto Buy and Sell Houses

About Us

For over 50 years in Toronto, Ontario, E.B.Dungey Realty Ltd. Brokerage has been a Leading Realtor. For homes, villas, condos and commercial property transactions in the Greater Toronto Area, our Realtors deliver the very best. And as the Best Realtors in Toronto, we promise an amazing Home Buying or Selling Experience.

Links

Governments of Canada and Ontario support affordable housing in Central Ontario

BARRIE, ON July 25, 2017 — The governments of Canada and Ontario announced the funding of affordable housing developments in Barrie, Orillia, Muskoka, and Simcoe and Dufferin Counties at an event at 98 Penetanguishene Road in Barrie today. This new facility provides 38 units of affordable housing for seniors.

Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development, and Ann Hoggarth, Member of Provincial Parliament for Barrie, on behalf of the Honourable Chris Ballard, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement today. Gerry Marshall, Warden for Simcoe County, and Jeff Lehman, Mayor of Barrie, also participated in the event.

The 98 Penetanguishene Road facility received more than $4.5 million in combined federal and provincial funding through the Investment in Affordable Housing agreement.

Seven other affordable housing facilities were also announced, bringing the total federal and provincial contributions to more than $12.4 million. Combined, these eight developments will provide 123 additional units of affordable housing, helping to reduce the wait lists in Barrie, Orillia, Muskoka, and Simcoe and Dufferin Counties.

Quick Facts:

The following developments were also celebrated today:

Forty units for seniors at 101 Thompsons Road in Penetanguishene, which received $2.8 million in funding.

Fourteen units at 54 Lawrence Avenue in Orangeville, which received $2.04 million in funding.

Sixteen units for seniors at 301 First Avenue in Shelburne, which received $1.45 million in funding.

Six units for Indigenous residents at 164/201 Nottawasaga Street in Orillia, which received $836,394 in funding.

Five units for persons with disabilities at DeafBlind Ontario at 7 Forestwood Lane in Barrie, which received $600,000 in funding.

Two units at 141 Sharpe Street in Gravenhurst, which received $100,000 in funding.

Two units at 28 West Street South in Huntsville, which received $100,000 in funding.

Quotes:

“Our Government is investing in affordable housing here in Central Ontario and across Canada to help create jobs and improve the quality of life for those who need it most. Thanks to the combined efforts of our partners, we are able to give a helping hand to individuals in need, and in doing so, we are contributing to the economic and social well-being of the entire community.”— Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development

“By working together with our federal and municipal partners, we can help people across Ontario have a safe and affordable place to call home. Not only does it help the individuals and their families move forward, it allows for our entire community to thrive.”— Ann Hoggarth, Member of Provincial Parliament for Barrie

“On behalf of the County of Simcoe, I want to thank the Government of Canada and Province of Ontario for funding this project and helping us increase the supply of much-needed affordable housing in our area. We continue to work with partners from all levels of government and sectors to strengthen our communities, identify creative and sustainable housing opportunities and ultimately reach our targets of creating 2,685 new affordable housing units in Simcoe County by 2024.”— Gerry Marshall, Warden, County of Simcoe.

“I would like to thank the Federal and Provincial Governments, and the County of Simcoe for their unwavering support that made it possible for us to construct Penetang Place to the highest of standards in meeting the needs of our residents. We believe Penetang Place is a welcoming and helpful environment that promotes healthy, social, and active living and that it requires government vision and support to make quality affordable housing a reality.”— Tim Neeb, President, Riverbank Homes

Associated links:

Canada Mortgage and Housing Corporation (CMHC) has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC’s operations. For more information, please call 1-800-668-2642.

Investing in affordable housing programs is part of Ontario’s plan to create jobs, grow the economy and help people in their everyday lives. Since 2003, the province has committed more than $5 billion in funding for affordable housing, which has helped support more than 22,000 new affordable rental housing units, more than 335,000 repairs and improvements to social and affordable housing units and rental and down payment assistance to more than 93,000 households in need. These investments complement the commitments made through Ontario’s recent Long-Term Affordable Housing Strategy update, and support the province’s goal of ending chronic homelessness by 2025. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing.